Fixed Forex LP update. A follow up to yesterday's announcement on Curve LP rewards. Incentives on the $ibEUR pairs are now live.
09 Feb 2023, 11:58
๐๐
Fixed Forex LP update;
A follow up to yesterday's announcement on Curve LP rewards;
Incentives on the $ibEUR pairs are now live!
Yield available currently * are;
ibEUR / sEUR @ $2.9m TVL = 18.4% tAPR
ibEUR / USDC @ $1.1m TVL = 54.8% tAPR
* yield will scale downwards (i.e. decrease) with increase in pool TVL
๐งLPers can boost their yield rewards by depositing LP tokens within Yearn vaults or on Convex
Yearn Vaults - will auto-compound your yield back into LP position;
- ibEUR/sEUR (offers a 2.5x boost):
https://yearn.finance/vaults/1/0xD347e7A3DdF5Ce4C42E19a4F30eEAA761795C72B
Convex - will boost CRV rewards (1.8x) whilst also providing CVX rewards;
~ search pools for "ibEUR"
Reminders;
- Synthetix assets can be acquired via Kwenta
- Fixed Forex assets (ibXXX stables) can be borrowed from Iron Bank
- Observe curve pool balance before entry as LP. Additional bonus can be earnt by providing ratio of assets that help achieve pool balance
- Keep3r plans continue to incentivize the ibEUR pools across future epochs consistently to attract & grow TVL
Note; Pls see update above regarding CHF, GBP & KRW pools